Dexcom (DXCM) Operating Expenses (2010 - 2026)
Dexcom's (DXCM) quarterly Operating Expenses came in at $495.0 million in Q1 2026, up 8.72% year-on-year from $455.3 million in Q1 2025, and up 5.39% on a QoQ basis from $469.7 million in Q4 2025.
Dexcom (DXCM) Operating Expenses (2010 - 2026) Analysis & Trends
Dexcom (DXCM) has 17 years of Operating Expenses data on file, last reported at $495.0 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 8.72% year-over-year to $495.0 million in Q1 2026; TTM through Mar 2026 was $1.9 billion, a 5.3% increase from a year earlier, with the FY2025 full-year figure at $1.9 billion, up 2.82% from the prior year.
- Operating Expenses for Q1 2026 stood at $495.0 million, up from $469.7 million in the prior quarter.
- Over the last five years, Operating Expenses for DXCM reached as high as $495.0 million in Q1 2026 and fell as low as $346.7 million in Q3 2022.
- Historically, Operating Expenses has averaged $435.7 million across 5 years, with a median of $441.8 million in 2024.
- Across the five-year window, Operating Expenses fell 11.89% in 2022 and gained 20.51% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $415.9 million in 2022, then grew by 5.72% to $439.7 million in 2023, then increased by 6.19% to $466.9 million in 2024, then climbed by 0.6% to $469.7 million in 2025, then rose by 5.39% to $495.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $495.0 million in Q1 2026, $469.7 million in Q4 2025, and $488.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 785.50 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 495.00 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -668.50 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | -47.00 Mn |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 380.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 495.00 Mn |
| Dec 31, 2025 | 469.70 Mn |
| Sep 30, 2025 | 488.90 Mn |
| Jun 30, 2025 | 476.20 Mn |
| Mar 31, 2025 | 455.30 Mn |
| Dec 31, 2024 | 466.90 Mn |
| Sep 30, 2024 | 441.80 Mn |
| Jun 30, 2024 | 468.70 Mn |
| Mar 31, 2024 | 460.80 Mn |
| Dec 31, 2023 | 439.70 Mn |
| Sep 30, 2023 | 417.80 Mn |
| Jun 30, 2023 | 418.30 Mn |
| Mar 31, 2023 | 415.40 Mn |
| Dec 31, 2022 | 415.90 Mn |
| Sep 30, 2022 | 346.70 Mn |
| Jun 30, 2022 | 372.50 Mn |
| Mar 31, 2022 | 356.80 Mn |
| Dec 31, 2021 | 472.00 Mn |
| Sep 30, 2021 | 328.60 Mn |
| Jun 30, 2021 | 316.10 Mn |